Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

315 Spring St Carthage, TN 37030

FOR SALE
Retail space
Property ID
US80-0359913
5,304 SF 0.12 ac lot Built 1930
Last sale Mar 2001 · $60,000
Individually Owned Owner of record is an individual. 25-yr Hold Held for 25 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property at 315 Spring St. in Carthage, Tennessee consists of a 2,794-square-foot flex space built in 1930 and designated with C1 zoning. It is supported by municipal water and sewer service. The building’s configuration supports adaptable commercial use, including retail and office uses, and it is also described as suitable for small-scale manufacturing; the property information further identifies the potential for conversion to multifamily residential use.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2023$30k
Assessed land$10k
Assessed improvement$20k

Value estimate

· Nov 2026
$205k
$185k – $226k
AI approach$220k
NOI build-up
Gross scheduled income$29k
Vacancy & credit loss−$1k
Operating expenses−$8k
NOI · 7.48% cap applied$19k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$67/SF
ZIP average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$41 – $120
Qualifying comparables5

Cap rate analysis

How does the asset earn?
7.48%
$19k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C-1
Within the C-1 Central Commercial District, as shown on the Official Carthage Zoning Map, the following regulations shall apply: 11-504.2...
General categoryCOMMERCIAL
JurisdictionSMITH

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop8.7
Building Supply8.7
Locksmith8.7

Location

315 Spring St Carthage, TN 37030
County assessor Recorded deeds · 2 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
374 Cookeville, Carthage, TN 37030-1843 $126,100 Jul 2024 5,017 SF
224 Main N, Carthage, TN 37030-1512 $177,500 May 2024 4,000 SF
513 Main N, Carthage, TN 37030-1209 $245,000 Dec 2023 4,452 SF
316 Main N, Carthage, TN 37030-1208 $188,500 Jul 2021 5,000 SF
124 3rd W, Carthage, TN 37030-1233 $45,000 Sep 2020 6,660 SF
118 3rd W, Carthage, TN 37030-1233 $45,000 Sep 2020 3,848 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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